Address
112 S Delaware Street, Smyrna, DE
Price
$ 40,000
Property Attributes
- MLS#DEKT2026818
- TypeLand
- CountyKENT
- CitySmyrna
- AreaSmyrna
- Zip19977
- StyleVacant
- Taxes$ 92
- Price$ 40,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size2,614 SqFt
Data Source:
Bright MLS
Property Description
Discover an exceptional development opportunity in the heart of Smyrna's Downtown Development District with this unique, cleared parcel of land. Located within city limits, this property presents a rare chance to partake in the area's revitalization, especially with current grants offering significant financial incentives. When you invest in building on this land, you're eligible to receive 20% back on your construction costs, exclusive of the land's purchase price. For example, a $100K investment in your new home could earn you a $20K rebate, making it an ideal choice for both personal and investment purposes. While the property is somewhat narrow, it offers the creative potential for a distinctive, long and narrow home design, adding a unique character to your project. This does mean that obtaining a variance from the city's planning, zoning, and council authorities will be necessary due to the side yard setbacks. But the effort is well worth it, given the property's prime location. It's just a short walk to downtown's vibrant scene and a nearby school, placing future residents at the center of convenience and community life. This land isn't just a piece of property; it's a foundation for your vision and a substantial contribution to the thriving future of Smyrna. Take this chance to build something truly special, whether it's your dream home or an innovative investment.
| Price History | |
|---|---|
| 4/4/2024 | Listed $40,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Possession | Settlement |
| Zoning | RESIDENTIAL |
| Exclusions | As Is |
| Property SubType | Land |
| Tax Year | 2023 |
| Current Use | Vacant |
| Percent Ownership | Fee Simple |
| County | KENT |
| Property Type | Land |
| HOA / Comm Assn | No |
| Water Access Y/N | No |
| Status | ACTIVE |
| Directions | Start at 959 Norman A Eskridge Highway and turn onto Sussex Highway (US-13 North). Continue on Sussex Highway until you reach S Dupont Highway,and then turn onto Puncheon Run Connection towards SR-1/ |
| ModificationTimestamp | 2024-04-17T14:10:07 |
| City | SMYRNA |
| Buyer Agent Compensation | 3 |
| MLS Area | Smyrna (30801) |
| Lot Size Square Feet | 2613.60 |
| Tax Assessed Value | 3200.0 |
| Waterfront Y/N | No |
| Street Name | DELAWARE |
| Tax Annual Amount | 92.0 |
| Condo/Coop Association Y/N | No |
| Clean Green Assessed Y/N | No |
| Price Per Sq Ft | 15.3 |
| Additional Parcels Y/N | No |
| Vacation Rental Y/N | No |
| Days on Market | 27 |
| Standard Status | Active |
| Tax Lot | 5200-000 |
| Buyer Agent Compensation Type | % Of Gross |
Interior Features
| Street Suffix | STREET |
|---|
Exterior Features
| Water Source | Public |
|---|---|
| Water View Y/N | No |
| Lot Dimensions | 25.00 x 105.70 |
| Lot Size Acres | 0.06 |
| Lot Size Units | Square Feet |
| Lot Size Source | Estimated |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
| LotDimensionsSource | Assessor |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Land Average in 19977
Price
Taxes
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